Approximately 1,035,000 construction jobs have disappeared under the leadership of Barack Obama.
Back in February, 2009 the new president vowed that his economic stimulus legislation he was about to sign into law ($850 million taxpayer dollars) would create enough construction jobs for 400,000 people building and rebuilding the nation’s infrastructure.
It was not to be and to this day is a pipe dream of the now discredited stimulus package and its highly touted benefits.
Despite the enormous price tag, no less than 925,000 fewer construction jobs exist in the United States. That is almost one million since that fateful statement in 2009. Actually 1,035,000 fewer than when Obama was inaugurated, according to the Bureau of Labor Statistics (BLS).
To make matters worse, there are 484,000 fewer jobs than when the last recession officially ended in June 2009.
How could this happen?
Under the big fanfare of local and national media, Obama signed the stimulus bill in Denver, Colo. Over three years ago. As he said to the excited crowd, “Because we know we can’t build our economic future on the transportation and information networks of the past, we are remaking the American landscape with the largest new investment in our nation’s infrastructure since Eisenhower built an Interstate Highway System in the 1950s.”
He went on to promise that, “Because of this investment, nearly 400,000 men and women will go to work rebuilding our crumbling roads and bridges, repairing our faulty dams and levees, bringing critical broadband connections to businesses and homes in nearly every community in America, upgrading mass transit, building high-speed rail lines that will improve travel and commerce throughout our nation.”
That was then, this is now:
In September, 2012, according to the BLS, 5,523,000 Americans had jobs in the construction industry, down from 6,558,000 in January, 2009, when Barack Obama was sworn in. That’s down 6,448,000 from February, 2009, when Obama originally signed the much-vaulted stimulus package.
It was also way down from 5,564,000 in January of this year. That was the beginning of the president’s fourth year in office.
Construction jobs in the United States peaked at 7,726,000 in April 2006. That was the fifth year of George W. Bush’s eight years in the White House.
Wouldn’t it be nice if the mainstream press took the time to educate Americans on where their tax dollars have been wasted rather than their obsession with contraception and class warfare?
And then I woke up.
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